In case of ICICIDirect - go to the IPO menu option and click the order list, new menu will pop up and in this new menu click revise button and click the quantity field and make 0, and proceed to update the revised order. after some time again click the order list and you can see the revised order with 0 units.
Some are threatening, that allotment ll be only for full applications. Those are illusions. But, don't worry..even those who applied below 15 lots can expect allotment. But, those who applied 1-3 lots, dont expect an allotment.
Simple calculation shows at least 210 shares being alloted for 1 lac investment at cutoff.. further with various numbers on listing.. lets assume listing gain of 40-45 per share.. a cool killing of 8-10k on listing day.. per application :)
2232 go to the link and download the attachment and read this will clarify you what is the error http://bseindia.com/cirbrief/new_notice_detail.asp?noticeid=noticeno=20101021-9&dt=10/21/2010&icount=9&totcount=20&flag=0 day trader
Employee reservation will be distributed in following manner QIB - 50% Retail- 35 % NII's - 15% Listing date is going to remain same on 4th november EGOM to meet on 24th to finalise the price
The reason for the extension of date for withdrawal of applications is that there was a small restatement in the Financial figures of the company.
In other words there was an interchange in the figures mentioned against the income heads "Accretion in stock" and " Other Income ". However the company has clarified that the total income of the company does not change other than the above mistake. I guess it is not going to have a very big impact because the overall income of the company continues to remain the same.